Daily Archives: May 8, 2025

News

Leonardo Soars in Q1 2025: Strong Order Intake and Revenue Growth Signal Robust Performance

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Leonardo Q1 Financial Results: Rome, Italy – Global aerospace and defense giant Leonardo (LDOF.MI) Thursday announced a strong start to 2025, with its first-quarter results showcasing significant growth in new orders, revenues, and profitability. The company’s Board of Directors unanimously approved the positive figures, reinforcing the effectiveness of its ongoing Industrial Plan and bolstering confidence in its future outlook.

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MRSAM India Eco-System Summit Highlights India’s Push for Self-Reliance in Missile Defence

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CENJOWS, IAI-ASI’s MRSAM India Summit For Making India Self-Reliant in Missile Defence: New Delhi – The Centre for Joint Warfare Studies (CENJOWS) convened key players in India’s defence sector for the MRSAM India Eco-System Summit 2.0 on Tuesday, May 7, 2025, at the Manekshaw Centre. Hosted in collaboration with Aerospace Services India (ASI) and Israel Aerospace Industries (IAI), the day-long event underscored the nation’s commitment to bolstering its air and missile defence capabilities under the Aatmanirbhar Bharat (Self-Reliant India) and Make-in-India initiatives.

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Rheinmetall Rides Defence Boom: Q1 Operating Profit in Defence Nearly Doubles as Sales Surge 46%

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Rheinmetall Q1 Financial Results: Düsseldorf, Germany – Rheinmetall AG (RHM.DE) today reported a stellar first quarter for 2025, with group sales rocketing 46% to €2.3 billion, largely propelled by an unprecedented surge in its defence business. The Düsseldorf-based technology and defence giant saw its operating result in the defence sector almost double, underscoring the profound impact of heightened geopolitical tensions and increased military spending globally.

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